spendthrift trust

1. 1.

   a trust created to maintain a beneficiary but to be secure against the beneficiary's improvidence

   Broadertrust

Questions about spendthrift trust

What does spendthrift trust mean?

spendthrift trust means "a trust created to maintain a beneficiary but to be secure against the beneficiary's improvidence".

Is spendthrift trust a common word?

spendthrift trust is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.